The company states: “Based on the Company’s current operating plan, Sage anticipates that its existing cash, cash equivalents, and marketable securities as of December 31, 2024, together with anticipated funding from ongoing collaborations and estimated revenues, excluding any potential milestone payments the company may receive under its collaboration agreements, will support operations to mid-2027. While ZURZUVAE joint commercialization investment will increase in 2025, the Company anticipates overall operating expenses will substantially decrease in 2025 relative to 2024, reflecting reductions in R&D and G&A with pipeline prioritization and the cost savings from the October 2024 reorganization, with the first full quarter of savings expected to be realized in Q1 2025.”
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